North America Motion Control Market 2024-2032: Growth Prospects 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	114 Pages	Triton Market Research	June, 2024	TRTN18941484

Best Price Guarantee
Price	from $1,500
Length	114 Pages
Publisher	Triton Market Research
Published Date	June, 2024
SKU	TRTN18941484

North America Motion Control Market 2024-2032: Growth Prospects 2024-2032

According to Triton’s market research report, the North America motion control market is estimated to register a CAGR of 4.97% during the forecast years 2024-2032.

The motion control market in North America has experienced significant growth, supported largely by advancements in automation and growth in industries such as automotive and e-commerce logistics. According to the Association for Advancing Automation (A3), the North American robotics sector achieved record sales for three consecutive quarters, highlighting the increasing demand for automation across various sectors. In the second quarter of 2022 alone, 12,305 robots were sold. This surge was primarily fueled by the continued expansion of automation in the food and consumer goods sectors to manage e-commerce logistics. All these factors elevate the demand and adoption of motion control technologies.

The nations analyzed in the regional market are United States and Canada.

The United States leads in the regional market, reaching value worth $3346.67 million in 2023

As per the International Federation of Robotics (IFR), manufacturing companies in the nation have invested heavily in automation, with industrial robot installation soaring by 12% in 2023.

The automotive industry is among the top adopters of robots, followed by the electric and electronics sectors. The growing demand for automation across industries, including automotive, elevates demand for motion control solutions to improve efficiency and quality in the manufacturing process.

Increasing investments in industrial automation and smart manufacturing initiatives by government and private organizations are also expected to drive the demand for motion control systems in the United States.

Market Forecast for Canada

Government initiatives are playing a crucial role in this market’s expansion. Innovation, Science and Economic Development Canada (ISED) provides comprehensive data on industry performance, highlighting the robust growth in manufacturing activities and the increasing emphasis on technological advancements. In 2022, the manufacturing sector generated net revenues of $86.6 billion. The sector contributed to the gross domestic product (GDP), reflecting a 4% growth rate. The increased industrial activity, driven by advancements in automation and technology, creates a higher demand for precise and efficient motion control systems.

The market’s segmentation includes offering, system, and end-user. The offering section includes motors, motion controllers, actuators & mechanical systems, sensors & feedback devices, drives, and software & services.

AC motors are known for their efficient power use and controlled acceleration. Powered by alternating current, they comprise two main parts: the stator and the rotor. They come in single-phase and three-phase varieties, with three-phase motors being especially common in industrial contexts due to their effective conversion of electrical energy into mechanical power. Typical uses for AC motors include operating pumps, blowers, and diverse industrial machines.

Contender Analysis in the Motion Control Market:

Rockwell Automation Inc is a global leader in industrial automation and digital transformation, serving diverse sectors such as automotive, chemical, entertainment, textiles, food and beverage, personal care, power generation, oil and gas, life sciences, and infrastructure. It offers sustainable, user-friendly solutions across these industries, dedicated to advancing smart manufacturing. Operating in over 100 countries, the company consistently drives innovation and efficiency worldwide. It is headquartered in the United States.

In April 2024, the company introduced FLEXLINE™ 3500, a new low-voltage motor control center (MCC) for IEC markets globally. This motor control center enables manufacturers to unlock production data and surge productivity via smart products.

Other companies listed in this market report comprise Rockwell Automation Inc, Parker-Hannifin Corporation, Mitsubishi Electric Corporation, Omron Corporation, and Yaskawa Electric Corporation.

1. North America Motion Control Market - Summary
2. Industry Outlook: 2.1. Impact Analysis On The Motion Control Market; 2.1.1. Covid-19 Impact; 2.2. Porter’s Five Forces Analysis; 2.2.1. Threat Of New Entrants; 2.2.2. Threat Of Substitutes; 2.2.3. Bargaining Power Of Buyers; 2.2.4. Bargaining Power Of Suppliers; 2.2.5. Threat Of Competitive Rivalry; 2.3. Market Maturity Analysis; 2.4. Supply Chain Analysis; 2.4.1. Manufacturing; 2.4.2. Assembly; 2.4.3. Product Testing; 2.4.4. System; 2.5. Key Market Strategies; 2.5.1. Collaborations; 2.5.2. Acquisition; 2.5.3. Product Launches; 2.6. Market Drivers; 2.6.1. Increasing Demand For Automation Across Industries; 2.6.2. Increasing Adoption Of Robotics And Industry 4.0; 2.7. Market Challenge; 2.7.1. Difficulty In Integrating Motion Control Systems Into Existing Industrial Processes Or Automation Setups; 2.8. Market Opportunities; 2.8.1. Advancements In Motion Control Technology; 2.8.2. Increasing Use Of Ai And Machine Learning; 2.9. Analyst Perspective
3. North America Motion Control Market– By System: 3.1. Open-loop System; 3.2. Closed-loop System
4. North America Motion Control Market– By Offering: 4.1. Actuators & Mechanical Systems; 4.2. Drives; 4.3. Motors; 4.4. Motion Controllers; 4.5. Sensors & Feedback Devices; 4.6. Software & Services
5. North America Motion Control Market– By End-user: 5.1. Automotive; 5.2. Aerospace & Defense; 5.3. Electronics & Semiconductor; 5.4. Healthcare; 5.5. Food & Beverages; 5.6. Metal & Machinery; 5.7. Paper & Printing; 5.8. Other End-users
6. North America Motion Control Market – By Country Outlook: 6.1. United States; 6.1.1. United States Motion Control Market Forecast & Prospects; 6.2. Canada; 6.2.1. Canada Motion Control Market Forecast & Prospects
7. Competitive Landscape: 7.1. Siemens Ag; 7.1.1. Overview; 7.1.2. Portfolio; 7.1.3. Key Strengths; 7.1.4. Key Challenges; 7.2. Schneider Electric Se; 7.2.1. Overview; 7.2.2. Portfolio; 7.2.3. Key Strengths; 7.2.4. Key Challenges; 7.3. Eaton Corporation Plc; 7.3.1. Overview; 7.3.2. Portfolio; 7.3.3. Key Strengths; 7.3.4. Key Challenges; 7.4. Robert Bosch Gmbh; 7.4.1. Overview; 7.4.2. Portfolio; 7.4.3. Key Strengths; 7.4.4. Key Challenges; 7.5. Abb Ltd; 7.5.1. Overview; 7.5.2. Portfolio; 7.5.3. Key Strengths; 7.5.4. Key Challenges; 7.6. Fanuc Corporation; 7.6.1. Overview; 7.6.2. Portfolio; 7.6.3. Key Strengths; 7.6.4. Key Challenges; 7.7. Rockwell Automation Inc; 7.7.1. Overview; 7.7.2. Portfolio; 7.7.3. Key Strengths; 7.7.4. Key Challenges; 7.8. Mitsubishi Electric Corporation; 7.8.1. Overview; 7.8.2. Portfolio; 7.8.3. Key Strengths; 7.8.4. Key Challenges; 7.9. Parker-hannifin Corporation; 7.9.1. Overview; 7.9.2. Portfolio; 7.9.3. Key Strengths; 7.9.4. Key Challenges; 7.10. Yaskawa Electric Corporation; 7.10.1. Overview; 7.10.2. Portfolio; 7.11. Omron Corporation; 7.11.1. Overview; 7.11.2. Portfolio; 7.12. Moog Inc; 7.12.1. Overview; 7.12.2. Portfolio; 7.13. Novanta Inc; 7.13.1. Overview; 7.13.2. Portfolio
8. Research Methodology & Scope: 8.1. Research Scope & Deliverables; 8.2. Sources Of Data; 8.3. Research Methodology
Table List: Table 1: North America Motion Control Market, By Country Outlook, 2024-2032 (In $ Million); Table 2: List Of Collaborations; Table 3: List Of Acquisitions; Table 4: List Of Product Launches; Table 5: North America Motion Control Market, By System, 2024-2032 (In $ Million); Table 6: North America Motion Control Market, By Offering, 2024-2032 (In $ Million); Table 7: North America Motion Control Market, By End-user, 2024-2032 (In $ Million); Table 8: North America Motion Control Market, By Country Outlook, 2024-2032 (In $ Million)
Figure List: Figure 1: Porter’s Five Forces Analysis; Figure 2: Market Maturity Analysis; Figure 3: Supply Chain Analysis; Figure 4: North America Motion Control Market, By System, 2023 & 2032 (In %); Figure 5: North America Motion Control Market, By Open-loop System, 2024-2032 (In $ Million); Figure 6: North America Motion Control Market, By Closed-loop System, 2024-2032 (In $ Million); Figure 7: North America Motion Control Market, By Offering, 2023 & 2032 (In %); Figure 8: North America Motion Control Market, By Actuators & Mechanical Systems, 2024-2032 (In $ Million); Figure 9: North America Motion Control Market, By Drives, 2024-2032 (In $ Million); Figure 10: North America Motion Control Market, By Motors, 2024-2032 (In $ Million); Figure 11: North America Motion Control Market, By Motion Controllers, 2024-2032 (In $ Million); Figure 12: North America Motion Control Market, By Sensors & Feedback Devices, 2024-2032 (In $ Million); Figure 13: North America Motion Control Market, By Software & Services, 2024-2032 (In $ Million); Figure 14: North America Motion Control Market, By End-user, 2023 & 2032 (In %); Figure 15: North America Motion Control Market, By Automotive, 2024-2032 (In $ Million); Figure 16: North America Motion Control Market, By Aerospace & Defense, 2024-2032 (In $ Million); Figure 17: North America Motion Control Market, By Electronics & Semiconductor, 2024-2032 (In $ Million); Figure 18: North America Motion Control Market, By Healthcare, 2024-2032 (In $ Million); Figure 19: North America Motion Control Market, By Food & Beverages, 2024-2032 (In $ Million); Figure 20: North America Motion Control Market, By Metal & Machinery, 2024-2032 (In $ Million); Figure 21: North America Motion Control Market, By Paper & Printing, 2024-2032 (In $ Million); Figure 22: North America Motion Control Market, By Other End-users, 2024-2032 (In $ Million); Figure 23: North America Motion Control Market, By Country Outlook, 2023 & 2032 (In %); Figure 24: United States Motion Control Market 2024-2032 (In $ Million); Figure 25: Canada Motion Control Market 2024-2032 (In $ Million)